618 E 2nd Street • Brooklyn, NY 11218

$2,450,000 Beds: 7 • Baths: 4 full • Sq. Feet: 0 • MLS ID: 1023847 • Subdivision:School Dist: Brooklyn 20
Welcome to a fantastic, income-generating multi-family property in the heart of highly sought-after Kensington, Brooklyn! This solid brick four-family home offers the ultimate flexibility: keep it as a fully cash-flowing addition to your portfolio, or move into the vacant unit and let the other tenants pay your mortgage.The Residences Unit #1 (Front - 2 BR / 1 BA | 940 Sq. Ft.): DELIVERED VACANT! Perfect for an owner-occupant or a high-rent lease. Freshly updated and painted. Unit #2 (Rear - 1 BR / 1 BA | 620 Sq. Ft.): Cozy layout with wood flooring, currently occupied. Unit #3 (Front - 2 BR / 1 BA | 780 Sq. Ft.): Jan 2025 Updated kitchen & full bath, wood flooring. Unit #4 (Rear - 2 BR / 1 BA | 780 Sq. Ft.): Updated kitchen & full bath, wood flooring, new lighting, new electric panel and spray foam insulation. Key Capital Improvements: Brand New Roof (2024): Newly installed on both the main house and the detached garages, Exterior brick repointed, Fresh Paint: Freshly painted brick exterior on north side of the house, New hot 75 gallon hot water heater (2026). Passive Income: includes a detached 3-bay garage structure. Currently rented to a long-term tenant. Can be delivered vacant. Massive Basement features a large storage area and a separate utility/mechanical area-perfect for tenant storage or property management use.Situated on a quiet residential block in Kensington, you are just moments away from local cafes, diverse dining, shopping, and excellent transit options (F & G trains) for a quick, seamless commute into Manhattan or other parts of Brooklyn.An incredible asset with massive appreciation potential, and major capital improvements already complete. Schedule your tour today! View this listing at: http://www.laffey.com/lid=188305491

Property Features

  • Garage: 3
  • Taxes: $17,215
  • Basement: Yes
  • Exterior: Block
  • Lot Size: 0.07 Acres
  • Lot Dimensions: 25 X 125
  • Heating: Natural Gas,Other
  • Cooling: Varies by Unit
  • Year Built: 1930
  • Water: Public
  • Sewer: Public Sewer
  • Units: 4
  • On Market Date: 2026-07-20
  • Basement: Full,Storage Space
  • Building Area Total: 3120
  • Flooring: Hardwood,Tile,Wood
  • GarageY/N: Yes
  • Interior Features: Other
  • Lot Features: Back Yard,Near Public Transit,Near School,Near Shops,Stone/Brick Wall
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • Included In Taxes: Trash
  • Other Structures: Garage(s)
  • Parcel Number: 05385-0044
  • Parking Features: Driveway,Garage
  • Property Attached Y/N: 1
  • Rental Term: Monthly
  • Utilities: Cable Available,Electricity Connected,Natural Gas Connected
  • Seller Concession: Yes

School Information

  • High School: Franklin Delano Roosevelt High School
  • Middle School: Jhs 223 Montauk (The)
  • Elementary School: Ps 179 Kensington
  • School District: Brooklyn 20
Printed July 27, 2026


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